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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: sandeep who wrote (60793)11/7/2002 1:09:08 PM
From: Real Man  Respond to of 94695
 
Cash. USD long term trend line is between 103 and 105. If we pierce that, there will be a free fall. Since the oversold condition has been worked off, it may be pierced now. I'd expect at least a bounce at 103, though, which would carry into mid-December, where the mid-term bottom in gold and top in dollar should form. From there it's a fall into oblivion for the dollar, and a rise to 360 and above for gold.


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